Lockheed Martin and GlobalFoundries Collaborate to Advance Innovation and Resiliency of Chips for National Security By Investing.com

Lockheed Martin (NYSE:) and GlobalFoundries (Nasdaq: GFS) (GF) today revealed a tactical cooperation to advance U.S. semiconductor production and development and to increase the security, dependability and resiliency of domestic supply chains for nationwide security systems. This cooperation will allow Lockheed Martin to quicker and cost effectively produce protected services that increase the competitiveness and nationwide security of the United States. The statement was made today at GF’s innovative production center in upstate New York with U.S. Senate Majority Leader Charles Schumer, Lockheed Martin Chairman, President and CEO Jim Taiclet and GF President and CEO Dr. Thomas Caulfield.

The business will take advantage of GF’s distinguished innovation and relied on production practices to increase anti-fragility in microelectronics systems and supply chains. The cooperation will check out crucial requirements in semiconductor development and protected production throughout a series of innovative and next-generation chip innovations, consisting of 3D heterogeneous combination for enhanced chip product packaging that enhances efficiency; silicon photonics for low-power and high-speed information transportation; and gallium nitride on silicon to assist chips operate at greater temperature levels. The business will likewise work to establish a chiplet community to produce chips more quickly and cost effectively.

The cooperation in between Lockheed Martin and GF straight supports the CHIPS and Science Act’s goals of increasing traceability, provenance, and onshore production of crucial semiconductor innovations to reinforce nationwide and financial security and domestic supply chains.

“This major new partnership between GlobalFoundries and Lockheed Martin brings together two giants of Upstate NY industry to ensure that the chips used in the technology that keep our country and our troops safe are made right here in the Capital Region. That means that more of the most complex, critical components we need to protect our national security going forward are going to be stamped ‘Made in New York’,” stated Senator Schumer. “I wrote my CHIPS & Science Act to spark partnerships like this that will secure our domestic supply chains and lead to job growth and investment in places like Upstate New York. Now more than ever, we need to secure our supply chains, and make sure the chips that our military relies on are built in places like the Capital Region, not overseas, and GlobalFoundries and Lockheed Martin are leading the charge to ensure that we build America’s tech future here in Upstate NY.”

“Lockheed Martin is focused on delivering cutting-edge 21st Century Security capabilities that advance deterrence and keep our customers ahead of emerging threats,” stated Jim Taiclet, chairman, president and CEO of Lockheed Martin. “This begins with securely manufactured semiconductors. We look forward to working with GlobalFoundries to help increase access to domestically produced microelectronics – a true national security imperative.”

“The GF team has been a trusted partner of the U.S. government and the aerospace and defense industry for decades,” stated Dr. Thomas Caulfield, president and CEO of GF. “We are proud to collaborate with Lockheed Martin to address the growing need for a reliable supply of trusted, feature-rich semiconductors for mission-critical security systems. Today’s announcement is another example of GF’s commitment to innovation, our global manufacturing footprint, and enabling a more resilient semiconductor supply chain in the U.S. and abroad.”

GF’s production centers in New York and Vermont have Trusted accreditation from the U.S. federal government and are licensed to produce protected chips for usage in the country’s most delicate systems on land, air, sea, and in area.

Both business are dedicated to assisting reinforce the supply chain for semiconductors utilized in crucial defense systems. To additional advance this shared objective, Lockheed Martin and GF will collectively pursue external financing chances, innovation advancement, and cooperation with the U.S. federal government.